01344 868634
12 The Square, Ralph's Ride, Harmanswater, Bracknell, Berkshire, RG12 9LP
hello@forrest-property.co.uk

STEPS TO RENTING

Step 1

Finding a property

As a tenant choosing a landlord and letting agent that you can trust is vital. FPS is a member of National Landlord Association (NLA) and operate under strict standards of professional and ethical practice with complete transparency. You can therefore be confident that you will avoid unwelcome fees or legal issues throughout your tenancy.

Narrow your search

When you start the search for your ideal home it is worth considering your requirements:

  • Think about the location you’d like to live in
  • Consider your ‘must have’ list- what do you really want?
  • What’s your budget? Would you pay more for the right property?
  • How long do you need the accommodation for? Is it a stop gap or a long term solution?
  • When would you like to move in? Work backwards and start your search around six to eight weeks before this

Our top tip: Budget carefully – allow for council tax and the cost of all utilities, which you’ll normally have to pay for.

Whether you have begun your search online or in the office of your letting agent, once you have found one or more properties which meet your requirements, a lettings consultant will take you on viewings so you can see the property in person.

By contacting FPS you can be sure that when a property to let comes on the market you’ll be one of the first to see it. Our staff are trained to keep up with the trends of the local markets in Berkshire, Buckinghamshire, Greater London, Hampshire, Middlesex, Oxfordshire and Surrey so we will be able to advise you on how to get the most out of your money in the location of your choice.

Our top tips for viewings:

  • Check out the space inside cupboards and wardrobes for storage space but remember if the property has a tenant you should respect personal property and ask before delving into cupboards
  • Remember to advise us on any maintenance issues prior to moving in
  • You’ll need more than just an emotional connection- Enquire about mobile phones reception, cable/ satellite dish, broadband availability and electrical sockets to stay connected in your new home

As of October 2008, every landlord is required to provide an Energy Performance Certificate (EPC) for any new tenancies in each property they rent out. This certificate gives the property a rating based on such factors as loft insulation, double glazing, boiler age, efficiency etc and more, and is valid for 10 years. The level of energy efficiency of your property will affect your energy bills so it is worth checking this out.

Finding a property

As a tenant choosing a landlord and letting agent that you can trust is vital. FPS is a licensed member of Association of Renting Letting Agents (ARLA) and operate under strict standards of professional and ethical practice with complete transparency. You can therefore be confident that you will avoid unwelcome fees or legal issues throughout your tenancy.

Narrow your search

When you start the search for your ideal home it is worth considering your requirements:

  • Think about the location you’d like to live in
  • Consider your ‘must have’ list- what do you really want?
  • What’s your budget? Would you pay more for the right property?
  • How long do you need the accommodation for? Is it a stop gap or a long term solution?
  • When would you like to move in? Work backwards and start your search around six to eight weeks before this

Our top tip: Budget carefully – allow for council tax and the cost of all utilities, which you’ll normally have to pay for.

Whether you have begun your search online or in the office of your letting agent, once you have found one or more properties which meet your requirements, a lettings consultant will take you on viewings so you can see the property in person.

By contacting FPS you can be sure that when a property to let comes on the market you’ll be one of the first to see it. Our staff are trained to keep up with the trends of the local markets in Berkshire, Buckinghamshire, Greater London, Hampshire, Middlesex, Oxfordshire and Surrey so we will be able to advise you on how to get the most out of your money in the location of your choice.

Our top tips for viewings:

  • Check out the space inside cupboards and wardrobes for storage space but remember if the property has a tenant you should respect personal property and ask before delving into cupboards
  • Remember to advise us on any maintenance issues prior to moving in
  • You’ll need more than just an emotional connection- Enquire about mobile phones reception, cable/ satellite dish, broadband availability and electrical sockets to stay connected in your new home

As of October 2008, every landlord is required to provide an Energy Performance Certificate (EPC) for any new tenancies in each property they rent out. This certificate gives the property a rating based on such factors as loft insulation, double glazing, boiler age, efficiency etc and more, and is valid for 10 years. The level of energy efficiency of your property will affect your energy bills so it is worth checking this out.

Step 2

Securing a property

The rental market moves much faster than the sales market so if you see the perfect property, you may have to act quickly to secure it. We recommend always being prepared with the relevant documents such as a form of identification and confirmation of your address.

Once you have found the right flat or house you’ll need to put a reservation fee down to state your intention. With FPS, there is a reservation fee of £400 payable for the lead tenant on the contract and £150 for any additional person including gurantor.

You will need to provide proof of your “Right to Rent” under the immigration act.

Step 3

Credit and reference checks

You will be asked to give references to your prospective landlord and letting agent to confirm that you have rented in the past without any major problems. As part of this process FPS may also request further details:

Referencing criteria

  • Three years’ address history
  • Landlord details for any property rented in the last three years
  • Confirmation of earnings per annum that are equal to the monthly rental fee multiplied by 30
  • If you’re retired, then your (joint) pension per annum will also need to equal 30 times the monthly rental
  • No adverse credit in the form of a county court judgment, bankruptcy order or similar
  • If you’re self-employed, either an accounts reference or to provide evidence of the last three years’ tax return

Step 4

The deposit

The deposit is held as the landlord’s cover for any excessive damages that need to be repaired at the end of the tenancy.

If FPS is managing the property on behalf of the landlord, the deposit will be registered with Deposit Protection Service (DPS). However, if the landlord manages the property themselves, we’ll inform you what deposit scheme the landlord will be using and the terms and conditions of that scheme will form part of your Tenancy Agreement.

Step 5

Tenancy Agreement

A Tenancy Agreement is a legally binding document that sets out the terms of the tenancy and is drawn up to ensure the rights and obligations of both the tenant and the landlord are adhered to. All relevant parties will be asked to sign this document, which agrees the responsibilities of the landlord and tenant. This may include such responsibilities as; you must tell your landlord if you are going away for longer than 14 days, you must not use the property as a business.

Step 6

Tenancy Agreement

A Tenancy Agreement is a legally binding document that sets out the terms of the tenancy and is drawn up to ensure the rights and obligations of both the tenant and the landlord are adhered to. All relevant parties will be asked to sign this document, which agrees the responsibilities of the landlord and tenant. This may include such responsibilities as; you must tell your landlord if you are going away for longer than 14 days, you must not use the property as a business.

Step 7

Property Inspections

A managed property will receive regular inspections visits (carried out by your property manager) which will generate reports. Your landlord will receive a copy of the report, that the landlord is aware of the property’s current condition and disputes can either be avoided or easily resolved.

Step 8

The next step

Once you are nearing the end of your tenancy period you will need to decide whether to extend your stay or move out (remembering to give two months’ notice in writing).

  • Staying put
    If you do want to renew the tenancy, we will liaise with you directly and send you all the necessary paperwork to complete. If your circumstances have changed, some new checks may be needed, but this will be advised on at the time.

Our top tip: Remember the landlord at this stage will be within his/her rights to serve notice on your tenancy if they need the property back or there have been any persistent issues.

  • Moving out

If we manage the property on behalf of the landlord, we’ll arrange a check out (carried out on the last day of your tenancy) to ensure the property is left in an appropriate condition – at this point, you’ll hand back the keys.

Deposit

After serving your notice you’ll need to ensure that the property is left in good condition in order for you to be entitled to your full deposit back. If there are no deductions or disputes and all the necessary forms are filled out correctly by you and by the landlord, your deposit should be returned ten days after the deposit release agreements have been received.

Pardoning normal wear-and-tear, if the property is in the same condition as when you moved in, getting your deposit back should be no problem. The deposit shall not be released until the final bills up to the check out date and up to final meter readings have been received by FPS and the full and final settelement letter has been signed and sent back to FPS. The checkout fee in the sum of £150 will be deducted from the deposit.

Here’s what to do next:

  • Give the property a thorough clean, including carpets, windows, walls and furniture (if necessary hire a professional cleaner)
  • If it’s your responsibility, tidy up the garden and clear away any rubbish
  • Return all of the keys
  • Remove all of your personal belongings

If you need any help either before after your tenancy call us and we’ll be happy to help.

Get In Touch



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